HOUSE_OVERSIGHT_023299.jpg

2.85 MB

Extraction Summary

6
People
4
Organizations
0
Locations
2
Events
3
Relationships
5
Quotes

Document Information

Type: Email correspondence / printed email chain
File Size: 2.85 MB
Summary

This document contains a fragmented email chain involving Jeffrey Epstein and Leon (likely Leon Black), sent via Melanie Spinella. Epstein aggressively critiques the management of Leon's $6 billion family office/corporation, citing a lack of oversight, excessive bank accounts (managed by 'Eilleen'), and low overhead relative to income ($250-500M/year). Epstein demands a fee structure, suggests 'creative ways' to characterize payments, and asserts that the family office 'needs a daddy' to manage the chaotic financial operations.

People (6)

Name Role Context
Jeffrey Epstein Recipient/Sender
Identified by email 'jeevacation@gmail.com'. The content reflects his advisory style (demanding fees, criticizing ove...
Leon Recipient
Addressed as 'Leon'. Context suggests Leon Black (high net worth, art partnership, timber, complex family office).
Melanie Spinella Recipient (Intermediary)
Likely an executive assistant or gatekeeper for Leon, as the email is sent to her but addressed to 'Leon'.
Tom Associate/Advisor
Mentioned in the context of a fee structure proposal: 'a structure that tom didn't like.'
Eilleen Staff/Financial Manager
Accused of setting up over 100 bank accounts; sender suggests demanding a list of her authorities.
Brad Associate/Staff
Mentioned as someone to speak to 'to get flavor' of the time spent with the office.

Organizations (4)

Name Type Context
Deutsh
Likely Deutsche Bank. Suggestion to open accounts there.
Goldman
Likely Goldman Sachs. Suggestion to open accounts there.
JPM
JPMorgan. Reference to deferring the 'jpm acct'.
House Oversight
Document source (Bates stamp).

Timeline (2 events)

Feb 23, 2015
Epstein spent 'hours upon hours' with Leon's office.
Leon's Office
Jeffrey Epstein Leon's Office Staff
Upcoming (from Feb 24, 2015)
Planned discussion of results in 'gory gruesome detail' on Friday.
Unknown

Relationships (3)

Jeffrey Epstein Financial Advisor / Client Leon
Epstein discussing fees, restructuring the family office, and providing 'daddy' oversight to a multi-billion dollar entity.
Leon Principal / Assistant Melanie Spinella
Email addressed to Leon is sent to Melanie's email address.
Leon Employer / Employee Eilleen
Eilleen manages bank accounts for Leon; Epstein criticizes her autonomy.

Key Quotes (5)

"Your family office needs a daddy."
Source
HOUSE_OVERSIGHT_023299.jpg
Quote #1
"I am willing to modify any outstanding obligations. - there are creative ways to assure you of your desired characterization of those payments."
Source
HOUSE_OVERSIGHT_023299.jpg
Quote #2
"You and your family are a 6 billion dollar corp. with an income between 250 -500 million dollars per year."
Source
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Quote #3
"eilleen has set up over one hundred bank accts for you???!!!"
Source
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Quote #4
"children with good intentions are running around , sniping , nitpicking"
Source
HOUSE_OVERSIGHT_023299.jpg
Quote #5

Full Extracted Text

Complete text extracted from the document (4,108 characters)

will continue to say so , and you obviously decide. but I will reiterrate even in the face of your "nobody is good enough argument." keeping foremost in my mind that you and I have only beeen shown a very tiny handful of people. 4. I find the friction over fees , counterproductive. in an attempt to avoid it I had suggested a multi year deal early on. you rejected it. I then suggested, and urged you to have an option at a fixed fee , you also rejected that .you wanted the fee payment only at the end I argued but ,conceded. I suggested a structure that tom didn't like. you rejected it . 5 I suggest you make a fair proposal.- that i can either accept or reject. some payment up front this time is a requirement. I am willing to modify any outstanding obligations. - there are creative ways to assure you of your desired characterization of those payments. 6 you should open accts at Deutsh . and goldman. I am told that eilleen has set up over one hundred bank accts for you???!!!. few relevant 7 you should immediatly demand a list of all her acct authorites , exec poistions . director etc. bank authorizations. etc. talk later or over the weekend if you like
Date: Wed, Dec 9, 2015 at 10:16 AM
Subject: Fwd:
To: Jeffrey Epstein
kkkjkjjjkjjyou said
Date: Tue, Feb 24, 2015 at 8:20 AM
Subject:
To: Melanie Spinella [REDACTED]
Leon,
Yesterday , I again spent hours upon hours of my time with your office. ,( speak to brad to get flavor) and you and i will discuss the results in gory gruesome detail on Friday. it mirrored many other weeks spent doing the things that I don;t have the time to do.
In order to keep things in perspective, maybe reviewing an analogy I have used before with you, might be helpful. You and your family are a 6 billion dollar corp. with an income between 250 -500 million dollars per year. It contains a few operating biz's , a large wide array of existing investments, in various categories , a desire to enter into others. A panoply of loans, notes. purchases, wide range of all types of taxes. , planes. boats homes. . trusts ,grats. a crazy number of bank accts. ( with no oversight ) . law firms, acct firms, 800 page tax returns, foreign firms. art consultants. construction consultants bill payers,
home mgmt.,vast multitude of llc's , including foreign, and with all that you only have a combined overhead of less that 3 million dollars.
I have previously sent you the very same note that i have enclosed again below ,this time with highlights . I wrote it to you over a year ago. As my acute disability ( selective memory) seems to be have been raised as one of your concerns , as a rule I try to memorialize things in writing in an attempt to lay out issues that I fear may later turn out to be a problem. ie what i would and wouldn't do , - my responsibilities. etc and those things that are not. below you will find details of things that I thought needed to be done, so that you wouldn't find yourself in the very place where you currently find yourself. however ,you chose to defer many of my suggestions- see below -,until only weeks ago. ! you chose to defer the jpm acct. the art partnership on and on - into this year. and though the 60- 50 40 timber emails all carried with it a clear warning that you needed to do something re personnel if it were to stabilize,- you chose to wait.
ONE YEAR AGO
Feb 17 2014 i wrote :
With regard the more pressing issue I am uncertain of just how to proceed. I am torn, as my very strong inclination is not to be involved at all . It is extremely time consuming, delicate, fraught with many pitfall many that will make you very upset and a major pain in the ass. I wrote you months ago that the quality of the people involved need to be upgraded. ( lucky for me these last issues arose way before the beginning of my involvement ) I am also aware however of my overarching friendship obligations of ok, -given all the complexities who else can do it? problem.
Your family office needs a daddy. children with good intentions are running around , sniping , nitpicking with
HOUSE_OVERSIGHT_023299

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